The Lean Thinker

JULY 2, 2024

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Elimination of waste: Focus on adding value. Customer-driven.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

JANUARY 21, 2025

Understanding AI Agents At its core, an AI Agent is a reasoning engine capable of understanding context, planning workflows, connecting to external tools and data, and executing actions to achieve a defined goal. Integrate with External Tools and Data: AI Agents can augment their inherent language model capabilities with APIs and tools (e.g.,

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 108

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 111

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 111

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory.

Scenario Planning 118

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 118

Logistics Bureau

JANUARY 2, 2025

These days we’ve got much better tools for the job, but the goal’s still the same: getting your deliveries to the right place, at the right time, without driving your costs through the roof or running your drivers into the ground. Back to the Nineties However, it’s not always been like it is today.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

The Lean Thinker

JANUARY 25, 2024

We can put in all of the lean tools we want, but if those conversations don’t follow, the system quickly reverts to the previous baseline. The Future State Map is a Hypothesis Once you understand the current condition, the next step is to answer the question, “How does the process need to operate in order to meet our goal?”

Waste Reduction 195

Waste Reduction Ordering Material Savings Cost Reduction 195

Logistics Viewpoints

JANUARY 23, 2024

This allows the retailers to eliminate wasted miles and get the item into the appropriate location for re-sale. The consumer can see the sustainability path of an item they are ordering, and if it doesn’t meet their requirements, they can look elsewhere.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 112